Just the right amount of
tax withheld translates to minimal balance owing or refunded at year end.
Not exact matches
The number of exemptions you claim directly
translates into an amount
withheld from your paycheck for
taxes.
An individual can estimate the total amount of their
tax deductions, such as interest on a large mortgage for a small New York apartment, and
translate the deductions into equivalent
withholding allowances.
Should you find that too much
tax is
withheld which
translates to a refund at year end, you can apply to reduce the
withheld amount by using the following
tax forms: